Labuan IBFC records 12.3% growth for FY14


KUALA LUMPUR: The Labuan International Business and Financial Centre (Labuan IBFC) recorded a 12.3% growth in new companies registered in Labuan for the financial year ended Dec 31, 2014.

"Greater awareness of the value proposition of Labuan IBFC is reflected in a double-digit growth in registration of Labuan companies, continuous growth in the registration of foundations, and outstanding growth in the establishment of international commodity trading companies," she added.

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